In this investigation, the authors analyzed the cost effectiveness of receiving passing scores for Black students on Advanced Placement exams in three states (Texas, New York, and Florida) for a 16-year period (e.g., 1997 through 2012). College Board data were downloaded and analyzed for all Advanced Placement exams for Black students in these three states for this time period. Cost effectiveness ratios (i.e., the ratio of passing score costs to failing score costs) were negative for every year for Black students in all three states. As such, a lack of equity was clearly present in the overall Advanced Placement exam performance of Black students in these three states. Given the limited education budgets in many states, it is important for these dollars to be spent wisely. Implications of the findings are discussed, particularly with respect to policy regarding college preparatory programs.